industrial demand for gold

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Industria l Demand for 1 EXCLUSIVE

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Between 10 and 15 per cent of the annual gold production is used in the industry: From 2008 until 2009 industrial demand for gold dropped by 13 per cent ...

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Page 1: Industrial Demand for Gold

1

Industrial Demand

for Gold

EXCLUSIVE

Page 2: Industrial Demand for Gold

1. Only between 10 and 15 per cent of the annual gold production is used for industrial purposes

2. Between 2008 and 2009 industrial demand for gold dropped by 13 per cent

INDUSTRIAL DEMAND FOR GOLD

2

Page 3: Industrial Demand for Gold

1. In 2010 the gold supply stood at 4108 tons (2659 tons from mine production, neg. 116 tons hedging, 87 tons central banks sellings and 1653 gold recycling)

2. Demand from industry was 420 tons, or 10 per cent.

INDUSTRIAL DEMAND FOR GOLD

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Page 4: Industrial Demand for Gold

1. This is 287 tons for the electronics industry, 50 tons for dentistry, and 83 tons for other industrial purposes. In contrast, jewellery demand was 2060 tons.

INDUSTRIAL DEMAND FOR GOLD

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Page 5: Industrial Demand for Gold

1. Gold’s superior characteristics make it a well-regarded metal for industrial purposes

2. For example, with one ounce of gold it is possible to produce a thread of 150km

3. One ounce of gold can also be made into a gold foil of 40m2

INDUSTRIAL DEMAND FOR GOLD

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Page 6: Industrial Demand for Gold

1. In the industry gold is mostly used for electronics, optics and medicine

2. The advantages of this material are it is highly conductivity, resistant to corrosion and lack of toxicity

INDUSTRIAL DEMAND FOR GOLD

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Page 7: Industrial Demand for Gold

1. In the electronic industry, gold is used for wiring and as electrical connectors

2. Other uses are in the commercial chemistry

3. In dentistry, gold alloys are used in tooth restorations

INDUSTRIAL DEMAND FOR GOLD

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Page 8: Industrial Demand for Gold

1. In medicine, gold can be applied as conductive coating

2. As gold reflects infrared light 98%, this metal is used as a coating on glasses and mirrors

INDUSTRIAL DEMAND FOR GOLD

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Page 9: Industrial Demand for Gold

1. Besides the increasing number of appliances for gold in the industry, this demand also expands due to the strong economic performance of emerging countries

2. Currently, only the minority of gold is used in industrialized countries.

INDUSTRIAL DEMAND FOR GOLD

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Page 10: Industrial Demand for Gold

1. Besides these uses, gold is, or will be used for the following purposes:

gold-based therapeutics, diagnostic technologies based

on gold as catalysts in industrial

processes for water purification and advanced consumer

electronics

INDUSTRIAL DEMAND FOR GOLD

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Page 11: Industrial Demand for Gold

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